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Back to Daily DR Market Summary

StreetAccount Summary - EU Market Recap: FTSE 100 (0.42%) to 9138.90, DAX (0.07%) to 24359.30, CAC40 +0.67% to 7923.45, STOXX 600 (0.06%) to 553.56

Aug 15 ,2025

  • Synopsis:

    • European equity markets closed lower and off best levels. Follows broad strength on Thursday with STOXX 600 at two-week high. FTSE 100 hit new record high. Basic Resources, Health Care and Travel&Leisure were the best performing sectors. Personal Goods, Real Estate and Technology lagged.

    • Sentiment remains positive. European markets on track for second consecutive weekly gain. No change in market narrative. Fed rate cut expectations still elevated despite hotter PPI data. Earnings remain supportive. European corporate updates have been cautiously optimistic. Macro picture relatively benign in euro area. Signs of stabilization in growth and inflation close to ECB target. Not much new on trade/tariffs though White House adviser Navarro said pharma tariffs to likely be covered by Section 232. Attention also turning to Trump-Putin summit.

    • Limited macro data in Europe with Swiss GDP weaker-than-forecast in Q2. In other news, analysis by consulting firm EY found revenues of largest listed German firms fell by total of nearly 2% in Q2 and profits fell 3.3% due to impact of tariffs. UK tax data showing London bearing the brunt of job's slowdown. Study showed UK business dialing back hiring for jobs likely to be affected by rollout of artificial intelligence. Meanwhile, one of the UK's largest property agents Savills warned inheritance tax fears are damaging house sales.

    • On the reporting front, a slew of Nordics names kicked off the session, with Fortum (FORTUM.FH), Pandora (PNDORA.DC), Boozt Fashion (BOOZT.SS), Tokmanni Group (TOKMAN.FH) and - last night after the close - NKT (NKT.DC); the latter also raised guidance and announced that its CFO is stepping down.

    • In limited M&A news, u-blox (UBXN.SW) confirmed negotiations with Advent International, L.P. regarding a possible transaction involving a takeover of u-blox. MSQ Partners ruled out a potential merger with S4 Capital (SFOR.LN). VNV Global (VNV.SS) sold its Gett investment to Israel-based investors consortium for $89.1M.

  • Digest:

    • Sectors - STOXX Europe 600:

      • Outperformers:

        • Basic Resources +0.83%, Health Care +0.68%, Travel & Leisure +0.66%, Autos & Parts +0.60%, Chemicals +0.57%, Telecom +0.36%, Construct & Mtls +0.30%, Food & Beverage +0.26%, Insurance +0.17%, Oil & Gas +0.12%, Media (0.05%), Utilities (0.05%)

      • Underperformers:

        • Persnl & HHold Goods (0.59%), Real Estate (0.57%), Technology (0.55%), Banks (0.51%), Retail (0.37%), Ind Goods & Svcs (0.34%), Financial Svcs (0.22%)

    • Macro:

      • Germany:

        • EY report shows revenues of largest German firms impacted by tariffs - FAZ

      • UK:

        • IEA says Reeves could solve all her problems with VAT raid - Times

        • Why UK tax hikes loom - Bloomberg

        • London suffers most job losses after tax hike - Bloomberg

        • AI already showing signs of slashing UK job openings - Bloomberg

        • Canary Wharf office values rise for the first time in three years - FT

        • Inheritance tax raid fears 'are damaging house sales' - Telegraph

        • Data centers to be expanded across UK - BBC

    • Company news:

      • Notable Gainers

        • +25.9% SOLG.LN (SolGold £0.15, +0.03) -- earnings

        • +24.4% UBXN.SW (u-blox Holding CHF138.60, +27.20) -- confirms negotiations with Advent International, L.P. regarding a possible transaction involving a takeover of u-blox

        • +13.2% VNV.SS (VNV Global SEK22.86, +2.66) -- sells Gett investment to Israel-based investors consortium for $89.1M

        • +9.5% ARPL.SS (Arla Plast $57.80, +5.00) -- earnings

        • +8.6% NKT.DC (NKT A/S DKK595.00, +47.00) -- earnings; updates outlook; CFO to leave

        • +7.9% BYIT.LN (Bytes Technology Group £3.90, +0.28) -- share buyback

        • +7.8% TOKMAN.FH (Tokmanni Group €9.09, +0.66) -- earnings

        • +7.2% AFAGR.FH (Afarak Group €0.31, +0.02) -- earnings

        • +7.0% ASPO.FH (Aspo €5.80, +0.38) -- to divest its Leipurin business to Lantmännen at an enterprise value of €63M

        • +5.2% AZT.NO (ArcticZymes Technologies NOK26.50, +1.30) -- Pareto upgrade

        • +4.8% AUTO.NO (AutoStore Holdings NOK9.10, +0.42) -- Pareto upgrade

        • +4.7% EMBRAC.B.SS (Embracer Group SEK80.01, +3.59) -- ABG Sundal Collier upgrade

        • +4.2% BTC.B.SS (B Treasury Capital SEK299.00, +12.00) -- share issue

        • +3.0% LINDEX.FH (Lindex Group €2.89, +0.09) -- corporate restructuring programme concluded

        • +2.4% NETC.DC (Netcompany Group DKK244.00, +5.80) -- Norde upgrade

        • +1.8% BP.LN (BP £4.21, +0.07) -- shares trading higher; circulation of comments from Betaville cited

        • +1.4% VIK1V.FH (Viking Line €22.20, +0.30) -- earnings

      • Notable Decliners

        • -18.4% DFDS.DC (DFDS DKK97.85, -22.05) -- trims FY25 EBIT estiimate to DKK 0.8B-1.0B from prior ~DKK 1.0B and FactSet DKK1.03B

        • -18.4% PNDORA.DC (Pandora DKK844.60, -190.40) -- earnings

        • -16.4% EG7.SS (Enad Global 7 SEK11.00, -2.16) -- earnings

        • -15.2% FRACTL.SS (Fractal Gaming Group SEK42.40, -7.60) -- earnings

        • -15.0% XSPRAY.SS (Xspray Pharma SEK41.70, -7.35) -- earnings; rights issue

        • -11.8% SEA1.NO (Sea1 Offshore NOK26.20, -3.50) -- earnings

        • -10.0% SCHO.DC (Schouw & Co DKK575.00, -64.00) -- earnings

        • -7.4% PREC.SS (Precise Biometrics SEK2.84, -0.23) -- earnings

        • -6.6% TKA.GR (ThyssenKrupp €8.29, -0.58) -- ThyssenKrupp CEO does not rule out state stake in marine business TKMS; however, that's not planned at the moment -- Reuters, citing FOCUS interview

        • -6.2% NTEK.B.SS (Novotek SEK98.00, -6.50) -- earnings

        • -5.5% MOZN.SW (mobilezone holding CHF10.24, -0.60) -- earnings

        • -5.3% BOOZT.SS (Boozt Fashion SEK85.00, -4.75) -- earnings

        • -5.1% COTN.SW (COMET Holding CHF181.10, -9.80) -- AMAT sympathy move

        • -3.1% ONEF.SS (Oneflow SEK25.10, -0.80) -- earnings

        • -2.9% VACN.SW (VAT Group CHF274.00, -8.20) -- AMAT sympathy move

        • -2.7% FORTUM.FH (Fortum €15.18, -0.43) -- earnings

        • -2.0% SYNACT.SS (SynAct Pharma SEK18.56, -0.38) -- to receive SEK17.7M after second conversion of warrants

    • EU companies reporting Monday:

      • Earnings:

        • Benelux: Nyxoah (NYXH.BB)

        • Nordics: Lån & Spar Bank (LASP.DC), Koskisen (KOSKI.FH), Aspo (ASPO.FH)

        • UK: BATM Advanced Communications (BVC.LN)

      • Traffic: Aeroports de Paris ADP (ADP.FP)

      • CMD/events: Fingerprint Cards (FING.B.SS) EGM 1:2,000 reverse share split

  • Data:

    • Economics:

      • Norway Jul Trade Balance NOK54.0B vs consensus NOK40.6B and prior NOK47.4B

      • Switzerland Q2 preliminary GDP +0.1% q/q vs consensus +0.4% and prior +0.5%

    • Markets:

      • WTI Crude (Sep 25): ($0.62) or (0.97%) to $63.34

      • €-$ +0.0061 or +0.53% to 1.1710

      • £-$ +0.0033 or +0.24% to 1.3564

      • €-£ +0.0022 to 0.8633

      • S&P 500 (0.33%)

      • Performance year-to-date

        • FTSE 100: +11.82%

        • DAX: +22.35%

        • CAC: +7.35%

        • MIB: +24.77%

        • Stoxx 600: +9.05%

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

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